interest

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Bank of Australia Raises Interest Rates by 0.25%, Signals Another Hike to Tackle Inflation

The Reserve Bank of Australia (RBA) raised its policy rate by 0.25% to 3.35% on February 7th, marking the ninth consecutive monthly hike and the longest hike on record. In a statement issued after the meeting, the RBA Board emphasized its focus on bringing inflation back to its target range of 2-3%, as high inflation …

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ECB Raises Interest Rates by 0.50% as Expected, Signals Further 0.50% Next Month

The European Central Bank (ECB) raised interest rates by 0.50% as anticipated yesterday, marking the fifth consecutive interest rate increase. The deposit rate rose to 2.5% as a result of the interest rate increase. In addition, the ECB signaled more interest rate hikes to tackle inflation and clearly stated that the ECB will raise interest …

ECB Raises Interest Rates by 0.50% as Expected, Signals Further 0.50% Next Month Read More »

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